DNA Genetics

Last updated
DNA Genetics
TypePrivate
IndustryCannabis
Founded2004;19 years ago (2004) in Amsterdam
FoundersDon Morris
Aaron Yarkoni
Key people
Rezwan Khan (president)
Don Morris and Aaron Yarkoni (co-CEOs)
ProductsCannabis seeds
Website dnagenetics.com

DNA Genetics is a cannabis company that cross breeds different strains of the cannabis plant. It was founded by Don Morris and Aaron Yarkoni ("D" and "A"). [1] The company also sells merchandise, apparel, and accessories. Morris and Yarkoni also work as consultants for other professionals in the industry. The company employs 40 employees in California, Amsterdam, and Canada. [2]

Contents

Background

In 2004, Don Morris and Aaron Yarkoni officially founded DNA Genetics in Amsterdam, where they could legally and commercially produce cannabis after bringing their Californian hybrid strains of cannabis seeds to the Netherlands. In 2015, DNA partnered with Tweed, a subsidiary of Canopy Growth Corporation, to introduce cannabis in Canada. [3] DNA renewed its partnership with Canopy Growth in 2017 to introduce DNA's original strains to Jamaica and other Caribbean markets. The terms of the agreement state that the two companies will work together through 2024. [4]

In 2019, DNA Genetics entered into an agreement with Good Meds to bring DNA's strains to Colorado. [5] DNA Genetics and Canopy Growth Corporation have a partnership agreement that brings their products to Canada, Jamaica, and a European market. [4] That same year, the company teamed up with 1933 Industries' subsidiary, Alternative Medicine Association, in a licensing agreement and strategic alliance, to bring their cannabis products to Nevada. [6] Additionally, DNA Genetics signed a licensing agreement with Copperstate Farms LLC to cultivate, manufacture, sell and distribute their products in Arizona. [7] In August 2019, DNA acquired Crockett Family Farms, a family-owned cannabis farm, with David Suderman of Crockett serving as Vice President of Cannabis Operations. The farm's strain Tangie has won over 20 awards, including the Cannabis Cup. [8] [9] Crockett and DNA also sharing a consulting company. [10]

In September 2019, it was announced that DNA Genetics signed a licensing agreement with Revolutionary Clinics, a Massachusetts-based cannabis producer and distributor. [11] In December, the company entered a strategic partnership with Halo Labs, which will be the only grower and manufacturer of DNA Genetics' products in Oregon. [12] That same month, the company partnered with Green Peak Innovations. [13] In January 2020, the company partnered with Bophelo Bioscience & Wellness. [14]

Awards

DNA Genetics has received over 200 awards won in over 20 years. [6] Some of these awards include the High Times Cannabis Cup, which the company has won 14 times, as well as Best Seed Company by online votes at the Happy Place festival. [15] DNA Genetics has also received the High Times Trailer Blazers award, which they received at the world's first Cannabis Business Summit, and listed on both the High Times "Top 10 Strains of the Year" and the High Times 100 list of most influential people in the cannabis industry. [16]

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References

  1. Bienenstock, David (17 January 2019). "5 Cannabis Breeders Who Changed the Game". Leafly. Retrieved 17 October 2019.
  2. Frank, Mel. "Breeding Excellence". Cannabis Business Times. Retrieved 17 October 2019.
  3. "Tweed Teams with DNA Genetics". New Cannabis Ventures. Retrieved 17 October 2019.
  4. 1 2 "Canopy Growth Expands Partnership With DNA Genetics". finance.yahoo.com. Retrieved 17 October 2019.
  5. "DNA Genetics Partners with Good Meds to Bring Global Cannabis Brand to Colorado". Cannabis Business Times. Retrieved 17 October 2019.
  6. 1 2 "1933 Industries' Alternative Medicine Association Enters Into Licensing Agreement and Strategic Alliance With DNA Genetics to Bring Premium Cannabis Products to the Nevada Market". GlobeNewswire News Room. 9 April 2019. Retrieved 17 October 2019.
  7. "US (CA): Genetics company signed agreement with grower". MMJ Daily. Retrieved 17 October 2019.
  8. "DNA Genetics Acquires Crockett Family Farms". Cannabis Business Times. Retrieved 2020-12-15.
  9. "Cannabis Cup Winners". Marijuana Seed Banks. Retrieved 2020-12-15.
  10. "Breeding Excellence". Cannabis Business Times. Retrieved 2020-12-15.
  11. "DNA Genetics Announces Strategic Partnership in New England with Revolutionary Clinics". Cannabis Business Times. Retrieved 30 October 2019.
  12. "Halo Partners with DNA Genetics to Launch Leading World-Renowned Genetics in Oregon". www.businesswire.com. 2019-12-09. Retrieved 2020-03-02.
  13. Inc, OG DNA Genetics (2019-12-10). "DNA Genetics Announces Strategic Partnership With Green Peak Innovations – Signaling Their Entry Into the Michigan Medical and Adult Use Cannabis Markets". GlobeNewswire News Room. Retrieved 2020-03-02.{{cite web}}: |last= has generic name (help)
  14. "Bophelo Partners with DNA Genetics in Lesotho". www.businesswire.com. 2020-01-03. Retrieved 2020-03-02.
  15. "DNA Genetics Seeds - Award-winning cannabis seeds - Azarius". azarius-seeds.com. Retrieved 18 October 2019.
  16. "DNA Genetics Announces Strategic Partnership With Copperstate Farms". GlobeNewswire News Room. 21 May 2019. Retrieved 18 October 2019.